Butcher Home

November 18, 1987|By Compiled from staff reports

LONGWOOD — A bankruptcy judge allowed the wife of bank felon Jake Butcher to remain in her $675,000 Longwood home until it is sold. In Knoxville, Tenn., Bankruptcy Judge Richard Stair Jr. approved the agreement Monday allowing Sonya Butcher to stay in the home until it is sold to pay the couple's bankruptcy creditors. Jake and Sonya Butcher were forced into bankruptcy after the 1983 collapse of his United American banks. Jake Butcher is serving a 20- year prison sentence for bank and tax fraud. Since then, Sonya Butcher has been fighting to keep the home from being taken by bankruptcy creditors. The home has five bedrooms, 6 1/2 bathrooms, a spa and a pool.